Insulating Your Company—Even from Death

You can identify the employees that your business simply can’t do without in a heartbeat; if one should die unexpectedly, it could cripple a big portion of your business’s income.

With a life insurance policy on the life of a key person in place, and in the event of the death of that key employee, the policy will pay your business a death benefit. The proceeds could be used to help pay off debt, offset lost sales, or cover the expenses that come with recruiting, hiring, and training a new employee.